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Other Comprehensive Income
 12 Months Ended
Dec. 31, 2018
Other Comprehensive Income [Abstract]  
Other Comprehensive Income
OTHER COMPREHENSIVE INCOME
Details of other comprehensive income (loss) are as follows:
Table 85: Other Comprehensive Income (Loss)
In millions
2018

2017

2016

 
Net unrealized gains (losses) on non-OTTI securities
 
 
 
 
Increase in net unrealized gains (losses) on non-OTTI securities
$
(522
)
$
29

$
(329
)
 
Less: Net gains (losses) realized as a yield adjustment reclassified to investment securities interest income
12

25

24

 
Less: Net gains (losses) realized on sales of securities reclassified to noninterest income
(8
)
(12
)
16

 
Net increase (decrease), pre-tax
(526
)
16

(369
)
 
Effect of income taxes
121

(6
)
135

 
Net increase (decrease), after-tax
(405
)
10

(234
)
 
Net unrealized gains (losses) on OTTI securities
 
 
 
 
Increase in net unrealized gains (losses) on OTTI securities
(14
)
173

61

 
Less: Net gains (losses) realized on sales of securities reclassified to noninterest income
 
2



 
Less: OTTI losses realized on securities reclassified to noninterest income
 
(1
)
(2
)
 
Net increase (decrease), pre-tax
(14
)
172

63

 
Effect of income taxes
3

(63
)
(23
)
 
Net increase (decrease), after-tax
(11
)
109

40

 
Net unrealized gains (losses) on cash flow hedge derivatives
 
 
 
 
Increase in net unrealized gains (losses) on cash flow hedge derivatives
(118
)
(90
)
100

 
Less: Net gains (losses) realized as a yield adjustment reclassified to loan interest income
41

159

219

 
Less: Net gains (losses) realized as a yield adjustment reclassified to investment securities interest income
11

21

34

 
Less: Net gains (losses) realized on sales of securities reclassified to noninterest income
8

17


 
Net increase (decrease), pre-tax
(178
)
(287
)
(153
)
 
Effect of income taxes
41

105

56

 
Net increase (decrease), after-tax
(137
)
(182
)
(97
)
 
Pension and other postretirement benefit plan adjustments
 
 
 
 
Net pension and other postretirement benefit activity
10

126

(41
)
 
Amortization of actuarial loss (gain) reclassified to other noninterest expense
5

47

50

 
Amortization of prior service cost (credit) reclassified to other noninterest expense
1

(4
)
(8
)
 
Net increase (decrease), pre-tax
16

169

1

 
Effect of income taxes
(4
)
(62
)


 
Net increase (decrease), after-tax
12

107

1

 
Other



 
PNC’s portion of BlackRock’s OCI
(55
)
52

(63
)
 
Net investment hedge derivatives
76

(81
)
186

 
Foreign currency translation adjustments
(58
)
90

(182
)
 
Net increase (decrease), pre-tax
(37
)
61

(59
)
 
Effect of income taxes
(5
)
12

(46
)
 
Net increase (decrease), after-tax
(42
)
73

(105
)
 
Total other comprehensive income (loss), pre-tax
(739
)
131

(517
)
 
Total other comprehensive income, tax effect
156

(14
)
122

 
Total other comprehensive income (loss), after-tax
$
(583
)
$
117

$
(395
)
 
Table 86: Accumulated Other Comprehensive Income (Loss) Components
In millions, after-tax
Net unrealized gains (losses) on non-OTTI securities

 
Net unrealized gains (losses) on OTTI securities

 
Net unrealized gains (losses) on cash flow hedge derivatives

 
Pension and other postretirement benefit plan adjustments

 
Other

 
Total

 
Balance at December 31, 2015
$
286

 
$
66

 
$
430

 
$
(554
)
 
$
(98
)
 
$
130

 
Net activity
(234
)
 
40

 
(97
)
 
1

 
(105
)
 
(395
)
 
Balance at December 31, 2016
$
52


$
106


$
333


$
(553
)

$
(203
)

$
(265
)
 
Net activity
10

 
109

 
(182
)
 
107

 
73

 
117

 
Balance at December 31, 2017
$
62


$
215


$
151


$
(446
)

$
(130
)

$
(148
)
 
Cumulative effect of adopting ASU 2018-02 (a)
59

 
 
 
33

 
(96
)
 
10

 
6

 
Balance at January 1, 2018
121

 
215

 
184

 
(542
)
 
(120
)
 
(142
)
 
Net activity
(405
)
 
(11
)
 
(137
)
 
12

 
(42
)
 
(583
)
 
Balance at December 31, 2018
$
(284
)

$
204


$
47


$
(530
)

$
(162
)

$
(725
)
 

(a)
Represents the cumulative impact of adopting ASU 2018-02 which permits the reclassification to retained earnings of the income tax effects stranded within AOCI. See the Recently Adopted Accounting Standards portion of Note 1 Accounting Policies in this Report for additional detail on this adoption.